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Fuel prices hiked 30 June 2014
The Oil companies have hiked petrol prices by Rs. 1.69 per litre and diesel by Rs. 0.50 per litre. This hike will come effective from 1st July. The oil companies have cited rise of global oil prices and Iraq situation...
Keywords: Hike in Fuel Prices, Oil companies Hiked Petrol and Diesel, Hike in Fuel Prices, Fuel prices hiked
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Oil Companies To Share The Burden After Petrol And Diesel Prices To Be Slashed 23 May 2018
Oil Companies To Share The Burden After Petrol And Diesel Prices To Be Slashed:- The fuel prices in the country reached all time high and the Centre has been facing the heat. The fuel prices will be slashed by Rs...
Keywords: Oil Ministries, Oil Ministries, Petrol and Diesel next, Prime Minister's Office
Read More Oxygen to Oil Companies 07 November 2013
The Government of India sanctioned a sum of Rs.8772 crores to Indian oil retailing companies who sustained loss in the quarter ending 30th September on diesel, cooking gas and Kerosene due to the sale at below cost. Indian Oil Corporation,...
Keywords: GAIL, Government subsidy to oil retail companies, OIL, ONGC
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Petrol price to be hiked by Rs 5 today 07 September 2012
Facing losses of about Rs 550 crore per day, the state run oil companies have been crippled with the losses. As a measure to recover from the damage inflicted, there is a fair chance that the petrol prices would be...
Keywords: price hike, oil companies, petrol price, oil companies
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Should the petrol prices lower? 03 October 2012
Petrol prices have never been acceptable to the Indian citizens but for a few instances of temporary slashes in the prices. Pakistan has recently cut down on the petrol prices by Rs 6, the lowered prices coming into effect on...
Keywords: profits, Petrol, global crude prices. Rupee, Oil companies
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Oil companies resume fuel supply to Kingfisher Airlines 09 March 2012
On Thursday March 8 oil companies has started supplying again fuel to Kingfisher Airlines subsequently reportedly accepting full payment from the deadlock airlines. On Wednesday this week IATA has stopped Kingfisher Airlines from its account settlement system its all because of...
Keywords: IATA, Income-Tax department., Oil companies resume fuel supply, Oil companies resume fuel supply
Read More Gas and Diesel Costs More 01 October 2013
Effective from today cooking gas in open market costs Rs1100/- and diesel is up by Rs.0.50. Oil companies made the above announcement as per the decision taken as they do every fortnight to adjust the prices. Cooking gas rates are...
Keywords: IOC, Cooking gas rates hiked, Cooking gas rates hiked, IOC
Read More LPG price hiked 01 July 2014
In less than 24 hours of fuel prices hike, the Oil companies have increased the price of non-subsidised cooking gas [LPG] by Rs 16.50 per cylinder. This is the first hike on the non-subsidised cylinder in six months and previously...
Keywords: Oil companies increased LPG Price, LPG price hiked, LPG price hiked, Oil companies increased LPG Price
Read More Petrol prices to be cut 13 August 2014
Oil Minister Dharamendra Pradhan said on Wednesday that petrol prices will be cut by Rs 1.89 to Rs 2.39 per litre as the international rates are coming down. Oil companies have last time reduced prices on August 1st by Rs...
Keywords: Petrol prices, Petrol prices in India, Petrol prices, Oil companies
Read More Petrol Rate Hiked Again 29 June 2013
Petrol is costlier by Rs.1.82 decision of which was taken by the oil companies yesterday. They say that the fall in the Rupee value made them to take this decision. This is for the third time the rates are revised...
Keywords: Petrol Hike, Petrol Rate Hiked Again, Petrol Rate Hiked Again, Petrol Rate increased
Read More An increase in petrol prices again 15 July 2013
Petrol prices rose by another Rs. 1.55 per liter last night. This is the fourth time, since the month of June, that prices of petrol have been revised, all thanks to rupee depreciation that has made oil imports expensive. Earlier,...
Keywords: An increase in petrol prices again, petrol price hike, oil imports, petrol price
Read More Indian refiners explore replacing Iranian oil 17 December 2011
Indian companies have begun talks with alternative suppliers to slowly replace Iranian oil, fearing their current mechanism for payments to Tehran for some 350,000 barrels a day (bpd) via Turkey could soon succumb to sanctions, industry sources said. Plans for...
Keywords: Bharat petroleum, Bharat petroleum, Soudi Arabian Oil Companies., Industry Sources Oil Companies
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Diesel prices will be hiked by 40-50 paise per litre every month.... 01 February 2013
Oil Minister M Veerappa Moily said on Friday that diesel prices will be hiked by 40-50 paise per litre every month till losses on the nation’s most used fuel are completely wiped out. Diesel is currently sold at a loss...
Keywords: retail selling rate, oil companies, oil marketing companies, oil companies
Read More Petrol stations, a complete shut 03 March 2014
The Andhra Pradesh Federation of Petroleum Traders has called for a indefinite strike from today with the Government raiding the Petrol stations. The Union president Prabhakar Reddy has accused the government of harassing the owners of the petrol stations in the...
Keywords: Petrol pumps in hyderabad, raids in petrol pumps, Government raids on Petrol stations, raids in petrol pumps
Read More Air India Dreamliners take off 14 May 2013
Inspite of the Government's announcement today to cut down expenses on airlines, Air India is getting ready to fly from tomorrow in respect of Dreamliners and Global flights from May 22nd. Government has taken a decision to cut down the...
Keywords: total of 27 Dreamliners were ordered, Air India Dreamliners take off, Oil companies agreed to supply, Civil Aviation Minister Ajit Singh
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